Verizon Argues Spectrum Case Despite Low 4G Uptake
Verizon Wireless filed documents with the Federal Communications Commission last week explaining the necessity of its planned AWS spectrum purchases from four cable companies. "Despite the company's significant investment in network efficiencies, skyrocketing demand will overtake its 4G LTE capacity absent additional spectrum resources, which it needs to secure now given that it faces spectrum constraints in its network in some areas as early as 2013 and in many more by 2015," said the company. Verizon is looking to nab 122 AWS spectrum licenses from Comcast, Time Warner Cable, Bright House Networks and Cox Communications, for which it intends to pay $3.9 billion in total. Several organizations have filed lawsuits opposing the acquisition, citing potential anti-trust concerns. Verizon Wireless CTO Fran Shammo, however, presented a different story to investors last week. Shammo said that only 5% of Verizon Wireless's customers have made the switch to LTE 4G devices, and 95% have remained 3G-only customers. Convincing customers to adopt 4G "is very critical for us, and we're playing a very delicate balancing act here that I don't want to spend any more money on my 3G network," said Shammo. Verizon is currently offering twice the LTE 4G data per month to smartphone customers. The FCC is preparing to review Verizon's requested spectrum purchases.
Verizon Might Skip 600MHz Incentive Auction
Verizon Wireless said it is comfortable with its spectrum holdings at the moment and may not bid in next year's auction for 600MHz airwaves. Verizon is only using 40% of its licensed spectrum for LTE, which gives it plenty of room to add capacity.
Verizon's Sponsored Video Content Goes Live This Week
Verizon Wireless customers will be able to watch go90 video content for free beginning this week, according to CFO Fran Shammo. Verizon first said it would zero-rate the go90 video content early last month thanks to support from its FreeBee Data 360 sponsored data service.
Verizon's 1900 MHz Spectrum In NYC Now Entirely LTE
Verizon Wireless has completed refarming its 1900 MHz spectrum in the country's largest city, an effort first begun in 2014. The company recently converted the last remaining 10 MHz block from CDMA 3G to LTE 4G, which means Verizon is running LTE on 20 MHz of its Band 2 spectrum in New York City.
LG V20: First Phone To Support Band 66
FCC documents indicate that the LG V20 variants for Verizon, AT&T, and T-Mobile will be the first phones to support LTE in the new band 66. Band 66 includes the AWS-1, AWS-3, and AWS-4 frequencies.
We need spectrum because we see congestion in the future......
Verizon Wireless today announced HomeFusion Broadband, a new mobile data service that is delivered to residences via its LTE 4G network.
Couple that with their push with netflix....
This is just laughable.